Moonpig sees FY sales double as margins defy inflation woes
"Trading remains resilient and we are confident that full year revenue will be approximately double the level achieved three years ago,” Nickyl Raithatha, CEO, said
Company
Moonpig Group PLC
LON:MOON
Moonpig is an internet-based business selling personalised greeting cards, flowers and gifts. The group is made up of two brands – Moonpig in the UK, US and Australia, and Greetz in the Netherlands.
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Moonpig's revenues and profits fall for first full year after float
Group revenue slipped 17.3% to £304.3mln, but was up 75.8% on a two-year basis
Will Moonpig's results help it fly again?
The shares have fallen to below last year's issue price amid worries about consumer spending
Moonpig to acquire Red Letter Days for £124mln cash
Over 20% adjusted EPS growth is expected in the first year
Moonpig raises 2022 revenue forecast thanks to lockdowns and Mother's Day
The online gift retailer reaffirmed its medium-term target of approximately 24% to 25% adjusted EBITDA margin rate
Moonpig results, car sales and services industry data on the cards for Tuesday
Also expected to report are Gooch & Housego, Homeserve and Next Fifteen Communications
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Moonpig sees full-year revenue at top end of guidance after strong interim results
“With revenue more than doubling over the past two years, we are confident that we have achieved an enduring transformation in the scale of our business," said CEO Nickyl Raithatha
Moonpig upgrades full-year revenue guidance as cards stay in demand
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Moonpig disappoints with lukewarm outlook despite stellar results
The card retailer forecast lower revenue in the current financial year as shoppers return to pre-pandemic habits
Moonpig can still fly from here, say analysts
“The group’s scale, data pool and loyal customer base create a first-mover advantage, which acts as a barrier to entry,” said JPMorgan's analyst
Moonpig reports strongest ever trading week ahead of Valentine’s Day
The online greeting card and gifts retailer also said the significant increase in demand seen in the first half has continued through the third quarter
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